There's a natural movement in the markets... not just about stocks going higher and lower.
You also have the volatility of the stock.
We see volatility expand, then compress.
And into those compressions are where you can see some really nice moves. Because the longer a stock has been stuck in a range, the higher the odds of explosive movement.
I have a "compression breakout" screener I use to identify large cap stocks ready to see breakouts. The screener looks for tight Bollinger Bands to show that volatility has been compressing.
A ton of names are popping up. This makes sense because earnings was about a month ago... so you had large moves on these stocks, followed by a quiet period.
Expect these stocks to move big into the end of the year...
Union Pacific (UNP)
United Healthcare (UNH)
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